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Jun 22, 2013
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hurting the economy more than it has helped. editor-in-chief steve forbes, great to have you with us. qe appears to be at an end, sort of. $85 billion continues, the rates are moving higher, so that will be problematic. your thoughts on the timing on all of thisy the fed chairman. >> three years late, better late than never, what ben bernanke has done inadvertently this make it easier for the vernment to deficit spending, get back on their feet, issue newonds but for the rest of the economy, smaller businesses like with what they said in russia, health care is free but you can't get any. they a thehe job creators, they are hurt by what bernanke did. not much left for the small guys. lou: a lot of lilimited government, some of them are anti-fed. oh, my gosh, we cannot conclude it a $5 billion per month. i do not like what he has done, bbt don't let him reverse course here. there is a chorus of hypocrisy in pleading for more punch bowl, please. >> it is hard to give up when you have it. bernanke will not do this precipitously, wil
hurting the economy more than it has helped. editor-in-chief steve forbes, great to have you with us. qe appears to be at an end, sort of. $85 billion continues, the rates are moving higher, so that will be problematic. your thoughts on the timing on all of thisy the fed chairman. >> three years late, better late than never, what ben bernanke has done inadvertently this make it easier for the vernment to deficit spending, get back on their feet, issue newonds but for the rest of the...
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Jun 19, 2013
06/13
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often times for their own survival reasons because they're on the winning side of the economy. but he has support there. and there is a real civil war that is resulting in the loss of these lives. the humanitarian impulse can we help? if we apply that just across the board, why don't we go into the congo? there are places all around the world where if we could stop it, we should. but that doesn't mean we can. and, you know, we have seen -- this is the thing where restraint is required. i admired the president. there's enormous pressure from arm chair generalliy generals a all they need is give the word to commander in chief and the issue will be resolved. it's not the case. it takes restraint on the part of the president to get us in a situation where we don't have an end game. >> congressman peter welsh thank you. new questions to what really happened to downed flight twa 800. what should we believe? plus decisions by america's leading doctors group that could affect how you get care. that's all ahead on "the cycle." n i upgraded your smart phone. ♪ right. but the most impor
often times for their own survival reasons because they're on the winning side of the economy. but he has support there. and there is a real civil war that is resulting in the loss of these lives. the humanitarian impulse can we help? if we apply that just across the board, why don't we go into the congo? there are places all around the world where if we could stop it, we should. but that doesn't mean we can. and, you know, we have seen -- this is the thing where restraint is required. i...
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Jun 21, 2013
06/13
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may not to a defense and the economy. the market does not want to hear any of that. if he says that the assumption is, oh, he will sto doing it tuesday are something like that, which is that goingo. lou: he made big references to ininflation. he made references to employment or at least the six and half percent levels part of construction for his decision . is a lite surprising to me. and it suggested that he does want to accelerate thigs year. are there signs that this quantitative easing combined purchasing program, this is having a n negative, a deleterus effect on the fed's goals? >> i do not believe so. it is not -- it is nothe sort of thing you would think would drive down inflation. inflation has fallen well bew the fed's goal, but -- but the people who are worried about qe are worried about the other direction, ilatiary. it probably has added something to economic growth. mainly, but not exclusively throughower mortgages, more refinancing, more homes built and so on, and that is what he isalking about tapering o. lou: a lot of money -- i should say, oerip. th
may not to a defense and the economy. the market does not want to hear any of that. if he says that the assumption is, oh, he will sto doing it tuesday are something like that, which is that goingo. lou: he made big references to ininflation. he made references to employment or at least the six and half percent levels part of construction for his decision . is a lite surprising to me. and it suggested that he does want to accelerate thigs year. are there signs that this quantitative easing...
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Jun 20, 2013
06/13
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fed chairman ben bernanke said today that he expects the economy to grow and unemployment to fall well into next year, but he also signalled that years of low interest rates that have made it easier for companies to invest and families to buy cars and homes may soon be ending, a big reason the dow dropped more than 200 points on the news. abc's rebecca jarvis explains what this may mean for you tonight. >> reporter: david and sarah turnbull are looking at homes in new bury park, california for their expanding family, hoping to take advantage of record low interest rates. >> we're at a time when we can buy, and we'd like to lock in an interest rate. >> reporter: but in the last six weeks, interest rates have started to climb. mortgages now about 4% for the first time in a year, up more than half a percent since may. >> people are thinking that makes a big difference in my monthly payment and what i can afford. >> reporter: every 1% increase in mortgage rates makes owning . >> i like the openness. >> reporter: in real terms, the cost of the mortgage on that $500,000 dream home goes up $2
fed chairman ben bernanke said today that he expects the economy to grow and unemployment to fall well into next year, but he also signalled that years of low interest rates that have made it easier for companies to invest and families to buy cars and homes may soon be ending, a big reason the dow dropped more than 200 points on the news. abc's rebecca jarvis explains what this may mean for you tonight. >> reporter: david and sarah turnbull are looking at homes in new bury park,...
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Jun 20, 2013
06/13
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in today's cover story....how the fed decision will effect the economy short and long term. plus.... why one analyst says its a buyers market for muncipal bonds. and....bill buster.... why you may be wasting hundreds of dollars on your cell phone bills. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas good morning!it's thursday, june 20th. im angela miles. in today's first look: the market's taper caper. stocks fell dramatically yesterday on word from the chairman -- the federal reserve may taper its bond buying program by the end of the year. the dow fell more than 200 points, the nasdaq deopped 39 and the s&p 23... as traders yanked money out of the stock market. gold and oil also sold off. in irs updates, fbi agentsare said to be to working on a criminal probe into scrutiny of conservative groups. while an irs employee contends the targeting did not originate from the white house. and dunkin' donuts reportedly goes gluten free with some its doughnuts and muffins.dunkin makes the move ahead of rivals mcdonald
in today's cover story....how the fed decision will effect the economy short and long term. plus.... why one analyst says its a buyers market for muncipal bonds. and....bill buster.... why you may be wasting hundreds of dollars on your cell phone bills. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas good morning!it's thursday, june 20th. im angela miles. in today's first look: the market's taper caper. stocks fell dramatically...
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Jun 19, 2013
06/13
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it's everyday reinvesting for your personal economy. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. on my feet and exactly where i needed more support. then, i got my number. my tired, achy feet affected my whole life. until i found my number. i tried the free dr. scholl's foot mapping center. in two minutes, i got my foot map and custom number. i'm a 440. that matched up to the dr. scholl's custom fit orthotic inserts with the right support and cushioning i need. i am a believer. i'm a believer! i'm a believer. go to drscholls.com to find your closest walmart with a foot mapping center. >>> finally tonight, following up on the victims of the boston bombing, specifically a man we first met in the hospital soon after the attacks, and the man who helped him. tonight, we chronicle this bond that has grown between these two men. our report tonight from nbc's anne thompson. >> good to see you again. cong
it's everyday reinvesting for your personal economy. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. on my feet and exactly where i needed more support. then, i got my number. my tired, achy feet affected my whole life. until i found my number. i tried the free dr. scholl's foot mapping center. in two minutes, i got my foot map...
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Jun 19, 2013
06/13
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KRON
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sfed ex i like them, it is a tile on the economy it is not very good. >> 745 we will have our sports expert. >> we will be talking about sports would gary radnich. 6:49 a.m. and we will talk about weather and traffic. a really nice morning. >> it is right out there but is chilly and windy in some spots. right around the airport, a 17 mi. an hour winds. it has died down compared to two hours ago and oakland and san jose. vallejo napa and santa rosa of waking up to 48 degrees. 54 out the door and oakland, 54 is san mateo. and at 3:00 hour we will see mainly '60s and '70s. we flair with '80s for some inland spots. later on tonight, kohler and cloudy conditions in the '50s and '60s. actor and highs for today, fremont 69, 74 a sunnyvale, mid to upper 70's and the east bay, a 77 beds per game concord, downtown san francisco 64. 75 matt but, 7 day around the bay warmer weather with temperatures spiky on saturday. temperatures will start to cool as we start the next work week. >> we are monitoring preconditions are around the bay, not tracking any hot spots right now. the bay bridge toll pla
sfed ex i like them, it is a tile on the economy it is not very good. >> 745 we will have our sports expert. >> we will be talking about sports would gary radnich. 6:49 a.m. and we will talk about weather and traffic. a really nice morning. >> it is right out there but is chilly and windy in some spots. right around the airport, a 17 mi. an hour winds. it has died down compared to two hours ago and oakland and san jose. vallejo napa and santa rosa of waking up to 48 degrees....
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Jun 19, 2013
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is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very volatile markets. >> let's talk pocketbooks. i want to put up the new cnn/orc poll about what people's personal financial situation is compared to a year ago. 36% say they are better off. 44% say they are worse off. so in the middle of the recovery, what do you make of that? >> it is really interesting. it reflects the incredibly bifurcated nature of the economy we are in. people at the top are doing well. there are jobs for those at the bottom and americans have gotten their balance sheets in order over the last few years. the spending rate has gone up. debt is d
is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very...
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Jun 20, 2013
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aaa says the sluggish economy and people are taking less time off. >>> microsoft is reversing course now on its new xbox one game console. users will be able to play games offline without having to be connected to the internet at all. they'll also be able to lend and sell used games. it goes on sale this fall for $499. in the market, stock futures are lower after they got slammed wednesday following comments by ben bernanke that the federal reserve may soon start scaling back its economic stimulus programs. that's if the economy keeps impruchg bernanke says that doesn't mean an interest rate hike is imminent. we will, though, be watching the markets all day today. >>> homeowners can expect to pay a little less to keep the ac on this summer. according to the u.s. energy information administration, milder weather is predicted for the summer to help give some relief to those power bills. the average homeowner can expect to pay about $395 for june, july and august. >>> the second largest school system in the country plans to order ipads for every student. the los angeles board of ed has
aaa says the sluggish economy and people are taking less time off. >>> microsoft is reversing course now on its new xbox one game console. users will be able to play games offline without having to be connected to the internet at all. they'll also be able to lend and sell used games. it goes on sale this fall for $499. in the market, stock futures are lower after they got slammed wednesday following comments by ben bernanke that the federal reserve may soon start scaling back its...
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Jun 19, 2013
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most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and americans are split. 50% saying economic conditions will be good in the summer of 2014. 49% say they will be bad. >> thanks. hold on. i want to bring in clyde. how do we make ourselves feel better about our own situation? >> we have to be realistic and not listen to the nay sayers. >> that's hard. >> it's coming from every direction. if i've lost my job and my neighbor hasn't, i'm going to feel it a lot different than they have. when you look at the polls a lot of people that say it's better probably still have their job or got new strings of income, addition
most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and...
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Jun 19, 2013
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what about the chart earliert that every time there is a big pump, push of money into the economy it is like you put the money in and the market goes up. what happens? you are saying it may not go down sharply. what happens when it goes away? >> it will bounce around a while. this activity that the fed is involved in, buying these bonds they make stocks look cheaper and people want to get in on stocks. every time the fed has done this. the fundamentals are not that bad. corporate profits are not that bad. if the fed does it right and slowly and take the drugs away in a methodical way stocks will find equilibrium again. in the interim we will have days like this where traders look and try to figure it out. it is unprecedented territory, the fed to be doing this. it is just going to be a rocky ride. there is a chance they mess it up and stocks chance. the chances of that are very slim. >> thank you very much. we will have a new fed chief because ben burn naernanke says getting out. >>> tonight outfront we have an exclusive piece of video of something that happened inside that home. it
what about the chart earliert that every time there is a big pump, push of money into the economy it is like you put the money in and the market goes up. what happens? you are saying it may not go down sharply. what happens when it goes away? >> it will bounce around a while. this activity that the fed is involved in, buying these bonds they make stocks look cheaper and people want to get in on stocks. every time the fed has done this. the fundamentals are not that bad. corporate profits...
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Jun 22, 2013
06/13
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that i represent, i hope your attention will be paid to those communities because it is important for economy or my state, i am sure others are in similar situations. i wanted to ask you, you said there would be an impact, mr. leocha, on places like boston. would you explain that more? >> let me talk about the pilot issue. i get phone calls about every week from people from u.s. a p a, u.s. airways pilots association. everyone is not happy. there are still lot of questions and obviously there may be support for the merger because they are getting rid of someone they don't like or getting paid a lot more money but that doesn't mean necessarily we are not going to have labor unrest. back to the smaller airports what we did when we did our overlap study we found out airports like boston and bradley have some of the highest numbers of these overlapping connecting rooms so what happens is american airlines has we 3 or four routes back and forth between bradley and seattle or bradley, they might go bradley, chicago, seattle and someone might go bradley, philadelphia, chicago. as we right size it, i
that i represent, i hope your attention will be paid to those communities because it is important for economy or my state, i am sure others are in similar situations. i wanted to ask you, you said there would be an impact, mr. leocha, on places like boston. would you explain that more? >> let me talk about the pilot issue. i get phone calls about every week from people from u.s. a p a, u.s. airways pilots association. everyone is not happy. there are still lot of questions and obviously...
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Jun 20, 2013
06/13
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if the economy keeps improving. but bernanke says that doesn't mean an interest rate hike is imminent. richard, back to you. >> kayla, thank you. >>> the country's second largest school system plans to order ipads for every student. the los angeles board of education approved a $30 million multi-year purchase. the first order, 31,000 ipads. the district has some 640,000 students, grades k through 12. the names george zimmer may not ring a bell but this ad certainly will. >> you're going to like the way you look. i guarantee it. >> zimmer was the public face of men's warehouse. now he's fired by the board of the company he founded with a single store in texas over 40 years ago. the company gave no reason. zimmer told cnbc he had concerns about the company's direction. and famed italian fashion designers dolce and gabana have been fined and given suspended 20-month prison sentences for tax evasion. d & g is accused of setting up a front company in luxembourg where taxes are 33% cheaper than in italy. >>> bosh scolds t
if the economy keeps improving. but bernanke says that doesn't mean an interest rate hike is imminent. richard, back to you. >> kayla, thank you. >>> the country's second largest school system plans to order ipads for every student. the los angeles board of education approved a $30 million multi-year purchase. the first order, 31,000 ipads. the district has some 640,000 students, grades k through 12. the names george zimmer may not ring a bell but this ad certainly will. >>...
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Jun 20, 2013
06/13
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we're now on round three of what i call, you know, pumping money into the economy. they call it quantitative easing. with their noses in the air. each of the new rounds has caused stocks to move higher. starting later this year, the fed will take the drugs away and may cut the addicts off entirely next year. ben white, chief economic correspondent for politico. ben, thank you. so people -- he comes out and says things are getting better. >> and the stock market tanks. >> you say what's wrong with these crazy people on wall street? americans say -- 44% of americans say they're worse off than they were a year ago. >> i think what it means for people who have a house who might want to refinance it, they should probably do it, because interest rates will go higher if the fed stops doing all this drug giving to the economy. so if you're going to refinance, do it now. if you're looking at a new home purchase, do it sooner than later. but in terms of stocks, hold on to them. wait this out. it's going to be crazy while the market tries to figure out when the fed will take t
we're now on round three of what i call, you know, pumping money into the economy. they call it quantitative easing. with their noses in the air. each of the new rounds has caused stocks to move higher. starting later this year, the fed will take the drugs away and may cut the addicts off entirely next year. ben white, chief economic correspondent for politico. ben, thank you. so people -- he comes out and says things are getting better. >> and the stock market tanks. >> you say...
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Jun 19, 2013
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. >> also, chuck, this was a hot topic on "morning joe" this morning, the economy so much of this was supposed to be especially the g-8 focused on that and we saw transition with the developments regarding nsa. when we look back at when the president visited germany before he was elected and even just the climate of the austerity measures in europe versus the actions that he promoted here in the united states and the face of both of these economies now, lends itself to an interesting discussion over what should be done to repair economies. >> reporter: you know, i look at this -- i want to look at this through the prism of obama/merkel relationship. they have become close. it was the financial crisis that brought them together. each was trying to pull the other to their direction. merkel was trying to pull the united states a little more austerity. president obama was trying to pull germany into saying you have to bailout all of europe. don't put such harsh crit era on what you're trying to do at the time during the great bailout. things like that. and they did sort of end up meeting
. >> also, chuck, this was a hot topic on "morning joe" this morning, the economy so much of this was supposed to be especially the g-8 focused on that and we saw transition with the developments regarding nsa. when we look back at when the president visited germany before he was elected and even just the climate of the austerity measures in europe versus the actions that he promoted here in the united states and the face of both of these economies now, lends itself to an...
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Jun 20, 2013
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after a two-day policy meeting wednesday the fed updated the outlook for the economy and bernanke said that's why the fed will most likely slow down its stimulus program. >> the committee currently anticipates it would be appropriate to moderate the monthly purchases later this year and if the subsequent data remain broadly aligned with current expectations for the economy, we would continue to dries the pace of purchases in measured steps through the first half of next year, ending purchases around mid-year. >> bernanke also expects the unemployment rate to fall to 6.8% by the end of 2014. on wall street bernanke's words spooked investors. the dow dropped 206 points and the nasdaq fell 31 points. >>> tokyo's nikkei dropped nearly 2%. hong kong's hang seng lost nearly 3%. >>> well, the irs is caught in another controversy. the agency says it's has to pay $70 million in union bonuses. some republicans want the irs to follow a white house directive and cancel them. in april the obama administration ordered all agencies to stop handing out bonuses bought of automatic spending cuts. >> and
after a two-day policy meeting wednesday the fed updated the outlook for the economy and bernanke said that's why the fed will most likely slow down its stimulus program. >> the committee currently anticipates it would be appropriate to moderate the monthly purchases later this year and if the subsequent data remain broadly aligned with current expectations for the economy, we would continue to dries the pace of purchases in measured steps through the first half of next year, ending...
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Jun 19, 2013
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economy. stocks are pretty quiet. we do have a federal reserve meeting and get a press conference on the fed later today. bloomberg silicon valley index is trading a slight bit higher. consumer reports said vigorous testing on several brands of toilet paper. walmart white cloud came out on top. they based it on four criteria, machinery and people to come to their conclusions. they tested the strength of paper. also doing well on tests, great value and wal-mart brand and northern did well. they turned up? stinkers. essentials was at the bottom and whole foods was just slightly better. >> you knew you were going there. okay. keep rolling along. >> all right. miss utah did not win last night but after she gave a rambling to a question about the gender wage gap. >> our team as the leaders and we true need to try to figure out how to create education better so we can solve this problem. >> kristen: what happened? this is what she told jimmy kimmel. >> i hear the question and i just started talking. once i started speaking
economy. stocks are pretty quiet. we do have a federal reserve meeting and get a press conference on the fed later today. bloomberg silicon valley index is trading a slight bit higher. consumer reports said vigorous testing on several brands of toilet paper. walmart white cloud came out on top. they based it on four criteria, machinery and people to come to their conclusions. they tested the strength of paper. also doing well on tests, great value and wal-mart brand and northern did well. they...
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Jun 22, 2013
06/13
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we're not talking about immigration or the economy or climate change or anything that people actually want to focus on. we're talking about issues like this that are definitelydistrac. >> the irs is hiring thousands of new agents to oversee obamacare. so if you don't like what they've done with conservative groups, you're really not going to like what they do with obamacare. >> arthel: i have to leave it there because i'm out of time. so i don't know if cal is waiting for to you give me one more analogy, but you didn't. so whatever your viewpoint, it was entertaining and i do appreciate your time, cal thomas and christy. we'll see you again soon, i'm sure. >> great to be here. >> rick: a new york priest preparing to take a group of youngsters to world youth day in brazil. that's where pope francis chris will welcome millions of catholics from all overt -- over the world. he's selling good conscience. now more. >> the priest of holy family church in the bronks gives new meaning to the phrase, man of the cloth. he's funding a trip to brazil to see the pope for world youth day. >> it's i
we're not talking about immigration or the economy or climate change or anything that people actually want to focus on. we're talking about issues like this that are definitelydistrac. >> the irs is hiring thousands of new agents to oversee obamacare. so if you don't like what they've done with conservative groups, you're really not going to like what they do with obamacare. >> arthel: i have to leave it there because i'm out of time. so i don't know if cal is waiting for to you...
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Jun 20, 2013
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the fed used the program to pump trillions of dollars into the economy. something critics say could lead to run away inflation. that news did not go over well on wall street. there was a sell off today. the dow is down 205 to 15,112. the nasdaq is down 38 at 3,443. the s&p is down 22 to 1,628. >>> apple tv is expanding its program in two areas. apps are available for disney, watch espn and go. viewers must have subscriptions to use the apps. >>> grand opening celebration at the new skate park in fremont. it opened a couple weeks ago on may 31. tonight there will be music, art and skateboarding demonstrations. the park was built on an acre of land. it features several bowls and a street course. >>> a surprising business move, the man who popularized i guarantee it is ousted by the company he founded. what george zimmer of men's warehouse is saying. >> executives grilled on capitol hill and tea party members rally in washington, d.c. the investigation they are calling calling for and the organization they say should be abolished. >>> hundreds of tea party d
the fed used the program to pump trillions of dollars into the economy. something critics say could lead to run away inflation. that news did not go over well on wall street. there was a sell off today. the dow is down 205 to 15,112. the nasdaq is down 38 at 3,443. the s&p is down 22 to 1,628. >>> apple tv is expanding its program in two areas. apps are available for disney, watch espn and go. viewers must have subscriptions to use the apps. >>> grand opening celebration...
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Jun 19, 2013
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we have to have economies that are working for all people. not just for those at the very top. >> you're listening to live to president obama speaking live from germany at the brandonburg gate. you have heard some of his comments. the president will also be calling for a reduction in worldwide nuclear weapons. and you can see it's very, very hot there. and a large crowd there. we will bring you much more on what president obama is saying coming up at 7:15. >>> back here at home major league baseball says san jose's lawsuit to bring the a's to the south bay is without merit. san jose city leaders filed a federal antitrust suit against the league. they formed the committee in march of 2009. they say there has been no movement in four years and they are tired of waiting. city informed a's owner lou wolf about the suit but did not ask for his permission. >>> we may now know what caused the nasty sewage problem at the coliseum last sunday. sewer pipes backed up forcing players out of the clubhouses. the a's blamed poor plumbing and aging stadium b
we have to have economies that are working for all people. not just for those at the very top. >> you're listening to live to president obama speaking live from germany at the brandonburg gate. you have heard some of his comments. the president will also be calling for a reduction in worldwide nuclear weapons. and you can see it's very, very hot there. and a large crowd there. we will bring you much more on what president obama is saying coming up at 7:15. >>> back here at home...
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our trade and commerce is the engine of our global economy. our values call upon us to care about the lives of people we'll never meet. when europe and america lead with our hopes instead our fears, we do things no other nations can do. no other nations will do. so we have to lift up our eyes today and consider the day of peace with justice that our generation wants for this world. bill: where else do you speak about freedom than at the intersection of come anything and democracy in the heart of berlin. the headline will be this. the president calling for a further reduction of nuclear arms and that is the intent of the speech at the brandenburg gate. martha has more. martha: today back in washington tea partyers are taking on the irs in d.c. they are not backing down. this is video in 2010. remember those huge tea party turnouts? we were promised action on the irs. they want to know why lois lerner is still on paid leave. bill: waits an accident or something more sinister. what caused this plane to go down several years ago. martha: the tea p
our trade and commerce is the engine of our global economy. our values call upon us to care about the lives of people we'll never meet. when europe and america lead with our hopes instead our fears, we do things no other nations can do. no other nations will do. so we have to lift up our eyes today and consider the day of peace with justice that our generation wants for this world. bill: where else do you speak about freedom than at the intersection of come anything and democracy in the heart...
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Jun 22, 2013
06/13
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is it the economy of scale? whereas most people please explain your views. >> you can reduce the total amount of expenditures of procurement by quantities but each one you buy will cost more. there is a difference looking at the unit cost and the overall total. >> on the f-22 program roughly estimated costing about $70 billion to develop and procurer 750 aircraft. they started to cut costs by reducing aircraft with a 180 aircraft so the cost of the program did not go up but the cost of each aircraft did. that is the one way to save on this program that will cost just looking at the acquisition cost over 12 billion over the next 25 years, you can try to get efficiencies that i am sure they will be but in the end this happens as those programs to reduce quantities. >> this is not new to do in a development. >> as part of this legendary cycle with the acquisition programs they cannot budget and they have trouble meeting the requirements and then they spend too much money and they cannot buy as much. >> do you belie
is it the economy of scale? whereas most people please explain your views. >> you can reduce the total amount of expenditures of procurement by quantities but each one you buy will cost more. there is a difference looking at the unit cost and the overall total. >> on the f-22 program roughly estimated costing about $70 billion to develop and procurer 750 aircraft. they started to cut costs by reducing aircraft with a 180 aircraft so the cost of the program did not go up but the cost...
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Jun 20, 2013
06/13
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>> you are asking the question, can the economy stand on its own without ben? that remains to be seen. the dow jones average is going to open 120 points lower, and that will be in 15 minutes. it dropped 200 yesterday. interest rates are going straight up. a quarter point higher on basic interest rate. that doesn't sound like much. but in the financial world that is huge. and the price of gold is flat out falling out of bed it's down $80 an ounce. martha: gold has had a huge run. bill: tea party supporters hitting back at washington. >> anybody want to fire some irs agents? bill: that 15 minutes senator rand paul. he wants people fired. we'll ask him who's talking about when we talk to him live this hour. martha: is an nfl start focus of a murder investigation? he has been accused of another act of violence. bill: two men who investigated twa flight 800 ... >> i saw what appeared to be keep in fireworks. >> i noticed a streak of light go up in the sky. >> there was something going up in the sky. >> this rocket weren't up in the air. >> i saw this white light. >>
>> you are asking the question, can the economy stand on its own without ben? that remains to be seen. the dow jones average is going to open 120 points lower, and that will be in 15 minutes. it dropped 200 yesterday. interest rates are going straight up. a quarter point higher on basic interest rate. that doesn't sound like much. but in the financial world that is huge. and the price of gold is flat out falling out of bed it's down $80 an ounce. martha: gold has had a huge run. bill: tea...
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Jun 19, 2013
06/13
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it's pumping $85 billion a month into the economy but with the economy recovering, there's talk the fed may soon turn off that spigot. but when, when, when? investors hoping not soon. sparking a rally yesterday with no clear answer. the dow moving up and down 1 soo points the past six sessions. today, it's b-day, all about ben bernanke. to taper or not to taper. that's the way the banks at cjl puts it. chrysler caved. it took it down to the wire but in the end, chrysler decided to recall 2.7 jeeps. the automaker resisted pressure from the government waited until just the deadline, the government could have forced the recall of all of those jeeps. the jeeps in question, the 1993 to went 03 cherokees and the 2002 to 2007 jeep liberties. chrysler still maintains they are safe but will look over the vehicles -- voluntary recall to look over the vehicles and fix anything that needs to be fixed to avoid a fire. >>> the nsa snooping controversy continues, google filed a first amendment plea against the nsa. google wants to share information with the public about secret government programs. goo
it's pumping $85 billion a month into the economy but with the economy recovering, there's talk the fed may soon turn off that spigot. but when, when, when? investors hoping not soon. sparking a rally yesterday with no clear answer. the dow moving up and down 1 soo points the past six sessions. today, it's b-day, all about ben bernanke. to taper or not to taper. that's the way the banks at cjl puts it. chrysler caved. it took it down to the wire but in the end, chrysler decided to recall 2.7...
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Jun 19, 2013
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no, look, iranians want to get rid of sanctions which have harmed the iranian economy. and one way of doing that, perhaps, is having a smooth negotiator who might help ease sanctions. but easing sanctions by coming to some sort of arrangement with the west does not mean an end to their nuclear program, and that's the supreme interest that we in the united states, all of us in the west have in making sure that this uniquely aggressive regime doesn't get nuclear weapons. so to bamboozle ourselves into thinking that rouhani is a figure who has authority and who will reach a modus vivendi with the united states, i think, is dangerously self-deceptive. and everyone is calling this guy a moderate. you know, there were nazi moderates. there are moderates in any political spectrum. he is a creature of the regime. jenna: jim, your final thoughts on this. >> yeah. i'd love to be able to get some points in here on this. his policy, and he would acknowledge this, repeatedly has called for the bombing of iran, so it's no shock to me that suddenly when there's a chance that there mig
no, look, iranians want to get rid of sanctions which have harmed the iranian economy. and one way of doing that, perhaps, is having a smooth negotiator who might help ease sanctions. but easing sanctions by coming to some sort of arrangement with the west does not mean an end to their nuclear program, and that's the supreme interest that we in the united states, all of us in the west have in making sure that this uniquely aggressive regime doesn't get nuclear weapons. so to bamboozle ourselves...
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Jun 20, 2013
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. >> we might end it if the economy gets better. i don't believe they're really going to do this. >> steve: you don't? >> no. i don't think ben bernanke will be replaced by janet yellen who is into printing money. i think they will not allow the obama economy to rest on its own. they will keep printing money to keep this feeble economy. if you stop printing money, then all the impact of obamacare, higher taxes, all the regulations that this president has imposed, those chickens come home to roost and forget about the 3% growth. we'll have 1% growth if we're lucky. >> steve: we probably have 3% growth because of this printing of the money. >> right. >> steve: i know you don't think it will happen any time soon. but if it did happen next month what, would happen? >> if he stopped printing money next month, the market would go down to 12,000. i've been on tho thank show and i said if he keeps printing money, there is no stopping it. >> steve: you say 20,000? >> if he keeps printing, dow 20,000 in the next couple years is feasible. but
. >> we might end it if the economy gets better. i don't believe they're really going to do this. >> steve: you don't? >> no. i don't think ben bernanke will be replaced by janet yellen who is into printing money. i think they will not allow the obama economy to rest on its own. they will keep printing money to keep this feeble economy. if you stop printing money, then all the impact of obamacare, higher taxes, all the regulations that this president has imposed, those...
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Jun 23, 2013
06/13
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KRCB
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does this mean that the economy is improving? >> the reason for the panic is that there are people who believe that the economy is not getting strong at the rate that bernanke it does and the whole thing is a house of cards that could collapse. and do not know which analogy to use. he has been pumping in the heroin, if you like, at a pretty high pace. he did not say cold turkey. he said next year for six months i might begin a slight tapering, and everybody goes crazy. what has happened to my dealer? >> good news, bad news, or don't we know? >> i don't know. i am sure there is somebody who knows somewhere, but the very folks who pray and genuflect before the free market are saying wait a minute, i have to get my fix. ben bernanke is returning to a belief and the confidence that the united states economy can thrive without this -- whatever you want to call it, illicit drug, a stimulant, wild turkey switching to chamblis. i do not know what stimulant they are looking for. >> i for one am grateful for the fact that bernanke has been
does this mean that the economy is improving? >> the reason for the panic is that there are people who believe that the economy is not getting strong at the rate that bernanke it does and the whole thing is a house of cards that could collapse. and do not know which analogy to use. he has been pumping in the heroin, if you like, at a pretty high pace. he did not say cold turkey. he said next year for six months i might begin a slight tapering, and everybody goes crazy. what has happened...
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Jun 19, 2013
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when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to happen as soon as the end of 2014 or maybe early '15. that's sooner than the last time they made an announcement. so they are sort of whispering that america is coming back. that the economy is starting to come back. you might not feel it yet, but you should in the next year. >> i think so many people are ready for more than whisper. we are trying to be patient. christine romans and rana, thank you both so much. >>> coming up, a chilling case that has one community in shock. and a family torn apart. a 5-year-old girl, 5, found dead. police say he
when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to...
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Jun 20, 2013
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>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more soothsing because inflation remains very low and he could have had an out by saying the sequester means the government is not helping the recovery out. >> the reason the average consumer should be interested in this is because it affected interest rates. >> it already has. we've already probably seen the lows in mortgage rates for the time being. so yes, that's the most immediate impact. >> the idea behind it on terms of what bernanke had said was he wanted to use the fed to reduce unemployment levels. >> that's right. >> did it work? >> well, it has worked. in the sense th
>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more...
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Jun 19, 2013
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still very much struggling with its economy. it's so much tied to the united states. why not talk about that? >> well, it's hard to imagine it's not going to be at a least implicit in his speech. but one of the things that people may not know about president obama is that when he was here in the capital, when he was senator obama, that issue, the nuclear issue, was something on the top of his priority list. in fact, when he was campaigning in 2008 and making the point when he got to the general election that he could work across the aisle with republicans. one of the examples he could give is working with former indiana republican on the nuclear issue. that they even traveled together on it. this is actually something, he wasn't here very long as a senator. he didn't even finish his first term, but this is something when he was here briefly he did focus on. the other quick thing i want to point out, gloria talking about the big crowd of 2008 and the much smaller crowd here now that he's president. remember, in 2008, the mccain c
still very much struggling with its economy. it's so much tied to the united states. why not talk about that? >> well, it's hard to imagine it's not going to be at a least implicit in his speech. but one of the things that people may not know about president obama is that when he was here in the capital, when he was senator obama, that issue, the nuclear issue, was something on the top of his priority list. in fact, when he was campaigning in 2008 and making the point when he got to the...
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Jun 16, 2013
06/13
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owner, co-founder of slow money which works to finance north carolina sustainable food and farming economy. >> the book is "financing our foodshed: growing local food with slow money". the slow money was the brainchild of a man who had the idea that you could take the concept of money, a venture-capital, investments, loans, and instead of sending it off to wall street you could invested writing your local community. in particular in food. so the idea is if we slow food down you get more quality, thoughtfulness, and it is just better all-around. if you slow money down you get the same result. more thoughtful attention to where your money goes, is it doing good, harm. in particular what if you try to invest it right in your own local community? sustainable farming, businesses that support local food, the support soil fertility, what if we did that? what difference would that make it? we think it would make a huge difference. several years ago i got more interested in a local food movement ended up one of the big obstacles for small farmers was capital to buy a farm, but even just small amoun
owner, co-founder of slow money which works to finance north carolina sustainable food and farming economy. >> the book is "financing our foodshed: growing local food with slow money". the slow money was the brainchild of a man who had the idea that you could take the concept of money, a venture-capital, investments, loans, and instead of sending it off to wall street you could invested writing your local community. in particular in food. so the idea is if we slow food down you...
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markets why not candles find out what's really happening to the global economy with max keiser for a no holds barred look at the global financial headlines tune into kinds a report on our. riots broke brazil almost a million protesters spent their anger at the government in major cities across the country with a teenager becoming the first fatality of riots that show no sign of abating. the french are getting increasingly frustrated with european union recent polls reading over sixty percent believe that is going in the wrong direction. president putin announces an unprecedented two hundred seventy billion dollar deal with china russia planning a massive boost to its oil exports to the country.
markets why not candles find out what's really happening to the global economy with max keiser for a no holds barred look at the global financial headlines tune into kinds a report on our. riots broke brazil almost a million protesters spent their anger at the government in major cities across the country with a teenager becoming the first fatality of riots that show no sign of abating. the french are getting increasingly frustrated with european union recent polls reading over sixty percent...
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i'm peter lobo is the united states of america a force for good in the world we're still the largest economy and an unmatched military critics claim washington's defined geopolitical interests always trump its loudly proclaimed values friends of washington are given a free pass and it means real or imagined to be destroyed and replaced. to process whether the united states is a force for good i'm joined by george samuel e. in new york he is a fellow at the global policy institute of london metropolitan university and in washington we cross to bruce stokes he is the director of global economic attitudes at the pew research center all right gentlemen it's just the three of us cross talk rules in effect i mean you can jump in anytime you want and i really encourage it george the broad question is the united states a force for good in the world today. no i don't really think so peter. if we think of the post cold warrior of the began since one nine hundred eighty nine which would also go the uni polar air of american global head of an a i think the record of this is is really very poor. economic
i'm peter lobo is the united states of america a force for good in the world we're still the largest economy and an unmatched military critics claim washington's defined geopolitical interests always trump its loudly proclaimed values friends of washington are given a free pass and it means real or imagined to be destroyed and replaced. to process whether the united states is a force for good i'm joined by george samuel e. in new york he is a fellow at the global policy institute of london...
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find out what's really happening to the global economy for a no holds barred look at the global financial headlines to name two kinds of reports on our team. download the official publication to yourself choose your language stream quality and enjoy your favorite. if you're away from your television well it just doesn't matter how would your mobile device so you can watch your t.v. anytime anywhere. hello and welcome to worlds apart with the syrian army making strategic advances and the west increasingly has a tent over its support of the rebels it looks like the rumors of the assad government's demise have indeed been greatly exaggerated but it is quelling the military rebellion enough to bring peace to syria to discuss that i'm now joined by amar what cost syrian political commentator mr mike afaik. very much for your time now after predicting an imminent fall of the assad government for almost two years they german intelligence services have actually reversed that forecast now and they believe that it is more likely that assad government will survive this crisis maybe all on these very
find out what's really happening to the global economy for a no holds barred look at the global financial headlines to name two kinds of reports on our team. download the official publication to yourself choose your language stream quality and enjoy your favorite. if you're away from your television well it just doesn't matter how would your mobile device so you can watch your t.v. anytime anywhere. hello and welcome to worlds apart with the syrian army making strategic advances and the west...
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inflation unemployment but turks cannot really complain on this front because that economy exceeded all their expectations so this is really the first round of protests that are purely political and i wonder how deep seated do you think these political grievances really are it is indeed political it's about democracy it's about the style of government one can see the grievances focus more and more i would say on the on the person the personality of. the prime minister who has a style that is seen by some as blunt and this is where these protests really get to being authoritarian because as you pointed out ultimately it's all about him obviously he has the support of the party he still has the support of the significant portion of the turkish population but it's all above he's a user and he's somewhat uncompromising way of implementing those views so it is indeed authoritarian in nature i mean the prime minister has done a lot of good things for he want should not forget that in criticizing him now what to do also look back ten years and see where he took turkey from two thousand and
inflation unemployment but turks cannot really complain on this front because that economy exceeded all their expectations so this is really the first round of protests that are purely political and i wonder how deep seated do you think these political grievances really are it is indeed political it's about democracy it's about the style of government one can see the grievances focus more and more i would say on the on the person the personality of. the prime minister who has a style that is...
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Jun 19, 2013
06/13
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overall it has been down, they are cost-cutting it ll help the bottom line, economy showing some life. if you have been o a plane they ar jam-packed. neil: how can that be pleasant? jared, i know you don't kno what commercial flying is, but how can it be pleasant? >> i am just not, i am a new pilot. i fly privately. neil: listen to you. >> no, no, i wish i could live the life capin of a major airline 30 years a. you getn plane now, it is like a cattle ride, we have gotten okay with that, but i don't think that buying an airline is a gd investment, they are bound by the price of oil, the areutting costs yes, they are making planes more fuel efficient, but again this is predicattd onil and communication tha changes. neil:ut, do you buy that ople are happier with this experice, i do not. >> no. neil: ink they are interviewing zombies. >> thelane is full. neil: you could have a blaine full of zombies. >> no matter wat you carry, buy the stock, demand it there. >> okay. >> housing starts? you have who to wonder -- you have to wonder with latest housing data. they a still up, 7 7% over last
overall it has been down, they are cost-cutting it ll help the bottom line, economy showing some life. if you have been o a plane they ar jam-packed. neil: how can that be pleasant? jared, i know you don't kno what commercial flying is, but how can it be pleasant? >> i am just not, i am a new pilot. i fly privately. neil: listen to you. >> no, no, i wish i could live the life capin of a major airline 30 years a. you getn plane now, it is like a cattle ride, we have gotten okay with...
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so when truck customers are looking for the best combination of capability, power, and fuel economy, i mean, the f-150 is the logical truck to go to. >> and tell me about it being made in america. you're actually employing 3,000 people? >> we mr. the f-150 at two manufacturing locations here in the united states. in michigan we're located in the dearborn truck plant. we've got over 3,000 employees at that plant. >> also missouri, too. >> missouri, that's correct. >> we've got to leave it there. we're apparently in the traffic. but gretchen, brian and steve, here we go. >> steve: all right. you turn on the car and you sit in traffic and she's about to make a left-hand turn onto 6th avenue. >> brian: which i don't think you should be able to do. >> steve: next stop, central park. >> brian: that's the cable news axiom. that's the left turn and those are the people you barely missed. so those people survive. so there is a story. we'll get eric shaun on that. >> i can't believe i'm in a truck. i feel like i'm in a luxurious vehicle. thank you so much. >> you're welcome. >> brian: we want
so when truck customers are looking for the best combination of capability, power, and fuel economy, i mean, the f-150 is the logical truck to go to. >> and tell me about it being made in america. you're actually employing 3,000 people? >> we mr. the f-150 at two manufacturing locations here in the united states. in michigan we're located in the dearborn truck plant. we've got over 3,000 employees at that plant. >> also missouri, too. >> missouri, that's correct....
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Jun 20, 2013
06/13
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LINKTV
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economy to begin gathering steam, but there is no sign among investors that they agree. for now, what matters to them is help from central banks. >> it is not a pretty picture, but let's take a closer look at thursday's market figures anyway kissing off -- no, let's call it kicking off in frankfurt. look at that, down by 30.3%. a lot of damage in just one day. u.s. stocks falling by nearly four percent. across the atlantic at this hour, the dow trading down by nearly 2.4%. the euro also giving up ground to the greenback, trading at a value of $1.3 207. >> is a mammoth trial ended bid to shed light on what german prosecutors say is a neo-nazi group responsible for murdering at least 10 people. most of the victims with immigrant backgrounds. >> today, when defendant -- one defendant identified as carsten s. took the stand again. he has already confessed to having supplied the guns. >> the testimony lasted eight days. so far, he's the only person being tried who has agreed to give evidence to the court, answering questions from judges and lawyers. now it is finally over. >>
economy to begin gathering steam, but there is no sign among investors that they agree. for now, what matters to them is help from central banks. >> it is not a pretty picture, but let's take a closer look at thursday's market figures anyway kissing off -- no, let's call it kicking off in frankfurt. look at that, down by 30.3%. a lot of damage in just one day. u.s. stocks falling by nearly four percent. across the atlantic at this hour, the dow trading down by nearly 2.4%. the euro also...
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Jun 20, 2013
06/13
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economy to begin gathering steam, but there is no sign among investors that they agree. for now, what matters to them is help from central banks. >> it is not a pretty picture, but let's take a closer look at thursday's market figures anyway kissing off -- no, let's call it kicking off in frankfurt. look at that, down by 30.3%. a lot of damage in just one day. u.s. stocks falling by nearly four percent. across the atlantic at this hour, the dow trading down by nearly 2.4%. the euro also giving up ground to the greenback, trading at a value of $1.3 207. >> is a mammoth trial ended bid to shed light on what german prosecutors say is a neo-nazi group responsible for murdering at least 10 people. most of the victims with immigrant backgrounds. >> today, when defendant -- one defendant identified as carsten s. took the stand again. he has already confessed to having supplied the guns. >> the testimony lasted eight days. so far, he's the only person being tried who has agreed to give evidence to the court, answering questions from judges and lawyers. now it is finally over. >>
economy to begin gathering steam, but there is no sign among investors that they agree. for now, what matters to them is help from central banks. >> it is not a pretty picture, but let's take a closer look at thursday's market figures anyway kissing off -- no, let's call it kicking off in frankfurt. look at that, down by 30.3%. a lot of damage in just one day. u.s. stocks falling by nearly four percent. across the atlantic at this hour, the dow trading down by nearly 2.4%. the euro also...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines two kinds of reports. is it possible to navigate economy with all the details such as dixon information and media hype will keep you up to date by decoding the mainstream status if in your right. he. yeah welcome to teal. air you can feel it so. elite. ily.
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines two kinds of reports. is it possible to navigate economy with all the details such as dixon information and media hype will keep you up to date by decoding the mainstream status if in your right. he. yeah welcome to teal. air you can feel it so. elite. ily.
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Jun 19, 2013
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bernanke addressed how the fed might eventually cut back on the $85 billion in stimulus it pumps into the economy each month. but bernanke says for now, the massive bond purchases will continue. we're hearing from brazil that a hike in bus fares from sao paolo has been repealed. the city's mayor and governor of the state made the announcement a short time ago. demonstrations against the hike rockeded city, bringing thousands of people into the streets. and sparking calls for social justice. >>> the group mayors against illegal guns is apologizing for including the name of boston bombing suspect, tamerlan tsarnaev, in a list of gun violence victims, it was read at an event marking six months since the massacre at sandy hook elementary school. the group partially funded by new york city mayor michael bloomberg said it was using a list compiled by slate.com of people killed by guns since the december shooting. >>> now you've probably seen one of his many commercials over the decades, see if you recognize this man. >> you're going to like the way you look. i guarantee it. >> that's george zimmer, co-
bernanke addressed how the fed might eventually cut back on the $85 billion in stimulus it pumps into the economy each month. but bernanke says for now, the massive bond purchases will continue. we're hearing from brazil that a hike in bus fares from sao paolo has been repealed. the city's mayor and governor of the state made the announcement a short time ago. demonstrations against the hike rockeded city, bringing thousands of people into the streets. and sparking calls for social justice....
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Jun 23, 2013
06/13
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we're talking about the economy. look at the economy, look at the potential there. look at the squandered opportunities we have had. we go back to congress did this or didn't do that. if we had an aggressive energy strategy, if we had a way to lift people out of where they are right now. when you see middle income people lost $5,000 a year, why is that? we are so blessed for so long, the only thing missing right now is strong leadership in establishing -- >> what would an aggressive energy strategy mean? the president is going to make a major announcement this week on climate change and energy. i want to know what that would be. >> i don't think that the president needs to make a statement on green energy. with the list of priorities of what's going on, if this is the initiative, i think there's a lot more things on the plate. to me, it's a pivot away from what's causing the distrust of this government. any relationship you have, whether it's you and i, you and your wife, any of us in a business relationship, when we lose trust in the person, then we don't have fait
we're talking about the economy. look at the economy, look at the potential there. look at the squandered opportunities we have had. we go back to congress did this or didn't do that. if we had an aggressive energy strategy, if we had a way to lift people out of where they are right now. when you see middle income people lost $5,000 a year, why is that? we are so blessed for so long, the only thing missing right now is strong leadership in establishing -- >> what would an aggressive...
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germany of course is the center of the european economy and the european economy is both a partner and in many ways an appendage to the very same economic interests that dominate the american economy and consequently the american political system so with all of the changes that it's taking place in various parts of europe the pressures in greece and spain and portugal and italy and on and on and on the and an uprising of sorts already among german people themselves in solidarity with the people of those other nations against the interests that are sucking the blood out of the economy and europe the interests of the united states are very interested in watching that the politicians in germany do what they're supposed to do that the media do what they're supposed to do that the gatekeepers basically keep keeping the gate safe so they can keep sucking the money out a europe. now united states not the only nation that's got a beef with speaking out coming up here on to your washington's gulf allies are cracking down on online with simple twitter posts some more than a decade behind bars. a
germany of course is the center of the european economy and the european economy is both a partner and in many ways an appendage to the very same economic interests that dominate the american economy and consequently the american political system so with all of the changes that it's taking place in various parts of europe the pressures in greece and spain and portugal and italy and on and on and on the and an uprising of sorts already among german people themselves in solidarity with the people...